15 things to know about why millions of American may lose healthcare subsidies

Federal data projects that millions of Americans are at risk for losing their subsidies.

Here are 15 things to note about why Americans are facing this potential loss:

1.  Federal data released Tuesday revealed that approximately 6.4 million Americans could lose their subsidies for health insurance if the Supreme Court rules in favor of King in King v. Burwell.

2. The determining factor resulting in such a loss is whether the Supreme Court rules in favor of King, against the Obama administration.

3. Of the 10.2 million people who signed up and paid their premiums as of March 2015, 6.4 million receive subsidies.

4. Those individuals who receive subsidies use them in order to pay for private insurance in the 34 states that rely on the federal health insurance marketplace.

5. If the Supreme Court rules against the Obama administration, consumers could lose their subsidies which amounts to approximately $1.7 billion a month.

6. Challengers claim that individuals who purchase coverage on the federal exchange are not entitled to subsidies set aside for state-based exchanges.

7. The Obama administration counters this argument by claiming that the law is intended to help everyone who qualifies for it.

8. The ruling on the case is expected to be issued by the end of the month.

9. The average subsidy is $272 a month.

10. Florida would be the most affected if the Burwell lost the case because of the number of people losing subsidies.

11. In Florida alone, 1.3 million are at risk for losing subsidies.

12. If those enrolled for subsidies had to pay the full cost of coverage, they would have to pay a 287 percent increase, according to Kaiser Researchers.

13. Because some states have not expanded their Medicare programs to cover low-income adults, these states have higher stakes in the Supreme Court Case.

14. Nine out of 10 consumers who signed up for coverage through the exchanges paid their premiums as of March 31, according to overall enrollment numbers.

15. This finding disproved health law's supporters' claim that many people would not pay their premiums by the time open enrollment ended.

For more articles on the King v. Burrell case:

3 hospital CEOs forecast the King v. Burwell decision, healthcare in 2017

The PPACA goes to court: 10 things to know about the Supreme Court case today

4 things to know about the wording that plays a significant role in King v. Burwell

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